Tag: metamask

  • MetaMask Tutorial: The Ultimate Beginners How-to Guide

    MetaMask Tutorial: The Ultimate Beginners How-to Guide

    MetaMask is a secure crypto wallet to store and manage your Ethereum (ETH) and other ERC-20 tokens. It is also a gateway to other decentralized applications. This is beneficial for people who frequently use ETH and its tokens as it provides a secure and fast way to access their funds. This guide is a MetaMask tutorial for complete beginners. We will learn how to:

    1. Set up a MetaMask account.
    2. Deposit to MetaMask.
    3. Send funds from MetaMask.
    4. Change and add networks in MetaMask.
    5. Use MyEtherWallet with MetaMask.
    6. Fiat on-ramps: Buy Crypto Using Debit or Credit Cards.
    7. Withdraw money or cryptocurrencies from MetaMask.
    8. Collect airdrops using MetaMask.
    9. Cash out your crypto to fiat using MetaMask.

    You can also follow me as I walk through the steps in my video:

    MetaMask Tutorial Guide

    What’s more, there are rumors that MetaMask might also do a $MASK airdrop! Learn how to get some of that potential airdrop with our MetaMask ($MASK) Token Airdrop Guide!

    How to set up a MetaMask account

    Here’s how to set up a MetaMask account:

    1. Download and install MetaMask.
    2. Create a new wallet.

    Download and install Metamask extension

    Download MetaMask. MetaMask has extensions for Chrome, Firefox, Opera, Edge and Brave browsers. At the extension store on these browsers, search for MetaMask and click “Add to” browser. Alternatively, installe the MetaMask mobile from the iOS App Store or Google Play Store.

    Example: For Chrome users, click
    Example: For Chrome users, click “Add to Chrome” and then “Add extension” when the popup window appears.

    Once installed, the MetaMask icon will appear on the top right-hand corner.

    The fox logo will appear on your browser once the extension is successfully installed
    The fox logo will appear on your browser once the extension is successfully installed

    Create a new wallet

    Click the “Get Started” button on the webpage and choose the option to make a new wallet when prompted. Afterward, you will be asked to choose your preferred security method:

    • Secret Recovery Phrase (SRP): The classic method using a 12-word phrase. You alone control access.
    • Social Login (Extension only): Link your Google or Apple account and set a password. Both are required to access your wallet.
    Select the option to set up a new wallet
    Select the option to set up a new wallet

    Set a strong password using a unique combination of letters, numbers and symbols. Avoid predictable passwords like birthdays. If you are using SRP, write down the 12-word phrase and store it in a secure, offline location.

    How to send crypto from MetaMask?

    Sending crypto from MetaMask is a straightforward process whether you’re using the browser extension or the mobile app. Here’s how:

    On browser extension

    • Open MetaMask: Click the MetaMask icon in your browser.
    • Select the Account: Make sure you’re in the correct wallet account.
    • Click “Send”: This opens the transaction window.
    • Enter Recipient Address: Paste the wallet address you want to send to. You can also select from saved contacts.
    • Choose Token and Amount: Select the token (e.g., ETH, USDC, etc.). Then enter the amount to send.
    • Review Gas Fees: MetaMask will estimate the gas fee. You can adjust the fee manually for faster or cheaper transactions.
    • Confirm Details: Double-check the recipient address, token type, and network. Click “Confirm” to send.
    • Track Transaction: Go to the Activity tab to monitor status. You will see a “Confirmed Transaction” notification once complete.
    Click
    Click “Send” on the pop-up window.

    On mobile app

    Here is how to send crypto from MetaMask using the mobile app:

    • Tap the Actions button in the center of the tab bar.
    • Tap “Send”.
    • Paste or select the recipient address.
    • Choose the token and enter the amount.
    • Tap “Next” to view gas fees and transaction details.
    • Tap “Send” to confirm and complete the transaction.

    Important notes

    • Gas Fees: Ensure you have enough of the network’s native token (e.g., ETH for Ethereum, BNB for BSC, POL for Polygon) to cover gas fees.
    • Network Match: Always verify that the sending and receiving wallets are on the same blockchain network.
    • Security Tip: Double-check the recipient address to avoid irreversible mistakes.

    Change and add networks in MetaMask

    MetaMask supports multiple blockchain networks beyond Ethereum, including Layer 2s and non-EVM chains. You can easily switch between networks or add new ones manually or via trusted platforms.

    Switching networks

    • Open MetaMask (browser extension or mobile app).
    • Click the network dropdown at the top of the wallet.
    • Select from preloaded networks like: Ethereum Mainnet, Polygon, Arbitrum, Optimism, BNB Smart Chain or Linea.
    • MetaMask will automatically switch to the selected network.
    Select network on MetaMask
    Select network on MetaMask

    Adding a new network

    For some newer or testnet networks, you may have to add them to MetaMask manually or via trusted services like Chainlist.

    Option 1: Manual add

    • Go to Settings > Networks > Add Network.
    • Enter the required details: (1) Network Name; (2) RPC URL; (3) Chain ID; (4) Currency Symbol; (5) Bock Explorer URL (optional)
    • Click Save to add the network.
    Search and add network to MetaMask
    Search and add network to MetaMask

    Option 2: Adding a network using Chainlist

    • Visit Chainlist.org.
    • Connect your MetaMask wallet.
    • Search for the desired network (e.g., Avalanche, Base, zkSync).
    • Click “Add to MetaMask”, then approve and switch.

    Tips and reminders

    • Verify RPC Details: Always get network info from the official project documentation.
    • Custom Networks: These are not verified by MetaMask. Be cautious of phishing or fake RPCs.
    • Testnets: Enable testnets via Settings > Advanced > Show test networks.
    • Non-EVM Chains: MetaMask now supports limited functionality for non-EVM chains like Bitcoin and Starknet.

    How to use MyEtherWallet with MetaMask?

    MyEtherWallet(MEW) is a free, open-source interface for interacting with the Ethereum blockchain. You can connect your MetaMask wallet to MEW to manage assets, interact with smart contracts, and access advanced features. Here is how to use MyEtherWallet with MetaMask:

    • Open MyEtherWallet: Go to the official MEW website. Always verify the URL to avoid phishing scams.
    • Access Your Wallet via Browser Extension: Click “Access My Wallet” on the homepage. Select “Browser Extension” as your access method.
    • Connect MetaMask: MetaMask will prompt you to select a wallet account. Click “Next”, then “Connect” to authorize MEW.
    • View MEW Dashboard Once connected, you’ll be redirected to the MEW dashboard where you can: (1)View your portfolio and balances; (2) Send and receive ETH and ERC-20 tokens; (3)Manage NFTs; (4) Interact with smart contracts; (5) Sign messages and transactions.
    • Switch Networks if Needed Ensure your MetaMask is on the same network MEW is using (e.g., Ethereum Mainnet, Arbitrum, Optimism). You can change networks directly in MetaMask’s dropdown menu.

      Disconnecting MetaMask from MEW

      If you want to disconnect MetaMask from MEW:

      • Open MetaMask.
      • Click the three dots in the top right corner.
      • Go to “Connected Sites”.
      • Find MEW and click “Disconnect”.

      MetaMask Fiat On-Ramps: Buy Crypto Using Debit or Credit Cards!

      MetaMask now offers a seamless way to purchase cryptocurrencies directly within the wallet using fiat payment methods. Through integrations with trusted providers like Transak, MoonPay, Coinbase Pay, and others, users can buy crypto using:

      • Debit or credit cards
      • Apple Pay and Google Pay
      • Bank transfers (in supported regions)

      How to buy crypto in MetaMask

      • Open MetaMask (browser extension or mobile app).
      • Click the “Buy” button on the home screen.
      • Choose a provider (e.g., Transak, MoonPay, Coinbase Pay).
      • Select: (1) The cryptocurrency you want to buy (e.g., ETH, USDC, SOL); (2) The amount; and(3) Your preferred payment method
      • Follow the prompts to complete identity verification (KYC), if required.
      • Confirm the transaction and wait for the crypto to appear in your wallet.

      Expanded network support

      As of July 2025, MetaMask supports fiat purchases on non-EVM chains like Solana, allowing users to buy SOL directly in-wallet via Transak. This marks a major step toward chain-agnostic onboarding.

      Security and compliance

      • All fiat on-ramp providers integrated with MetaMask comply with local regulations and offer tiered KYC processes.
      • MetaMask does not store payment information; transactions are handled by the selected provider.

      Tips for smooth transactions

      • Ensure your wallet is on the correct network before purchasing.
      • Use a verified provider to avoid phishing risks.
      • Check fees and exchange rates across providers for the best deal.

      How to withdraw money or cryptocurrencies from MetaMask

      Withdrawing funds from MetaMask involves either converting crypto to fiat directly within MetaMask or transferring assets to a centralized exchange for cash-out. The method you choose depends on your location and the supported features in your region.

      Option 1: Direct Fiat Withdrawal Using MetaMask’s Sell Feature

      MetaMask now offers a built-in “Sell” feature that allows users to convert crypto to fiat and withdraw to a bank account or PayPal. This feature is available in select regions including the United States, United Kingdom, Germany, France, India, and Saudi Arabia.

      • Steps:Go to MetaMask Portfolio and connect your wallet.
      • Click on “Sell” in the left-hand menu.
      • Select your region and the token you want to sell (currently ETH on Ethereum Mainnet is supported).
      • Choose your destination account (bank or PayPal).
      • Enter the amount to sell and select a quote from available providers.
      • Link your fiat account on the provider’s site.
      • Confirm the transaction and send your crypto.
      • Track the transaction in the Sell tab. Fiat may take a few days to arrive.

      Option 2: Withdraw via centralised exchange

      If the Sell feature is not available in your region, you can withdraw by transferring your crypto to an exchange like Binance or Coinbase:

      • Create and verify an account on a trusted exchange.
      • In MetaMask, swap your tokens to a widely supported asset like ETH or USDT.
      • Copy your deposit address from the exchange and paste it into MetaMask’s “Send” field.
      • Confirm the transaction and wait for the funds to arrive in your exchange wallet.
      • On the exchange, sell your crypto for fiat.
      • Withdraw fiat to your bank account or PayPal using the exchange’s withdrawal options.

      Points to note

      • Always verify the network and token compatibility before sending.
      • Ensure you have enough native tokens (e.g., ETH) to cover gas fees.
      • Use only official exchange platforms to avoid scams.
      • MetaMask does not directly connect to banks; all fiat withdrawals are processed through third-party providers or exchanges.

      How to collect airdrops using MetaMask?

      MetaMask is frequently used to claim airdrops from decentralized projects. Airdrops are free token distributions to users who meet certain criteria, such as holding a specific token, completing tasks, or interacting with a protocol. MetaMask’s growing ecosystem now includes structured campaigns like MetaMask Missions, which may increase eligibility for future airdrops.

      To collect airdrops using MetaMask:

      • Visit the official airdrop or project website. Always verify the URL to avoid phishing scams.
      • Switch to the correct blockchain network in MetaMask. Many airdrops are network-specific (e.g., Ethereum, Linea, Arbitrum).
      • Connect your MetaMask wallet to the site. Use the “Connect Wallet” button, typically located in the top right corner.
      • Complete any required tasks. These may include swaps, bridging tokens, staking, or minting NFTs.
      • Click the “Claim” button if available. MetaMask will prompt you to approve the transaction and pay any gas fees.
      • Confirm the transaction. Once approved, the tokens will appear in your wallet.
      • Disconnect your wallet from the site after claiming. In MetaMask, go to “Connected Sites” and remove access.

      To increase your chances of receiving future airdrops:

      • Actively use MetaMask’s built-in features such as swaps, bridges, and staking.
      • Participate in campaigns like MetaMask Missions, which run periodically and reward users for completing on-chain tasks.
      • Hold eligible tokens and interact with new protocols early.

      MetaMask does not guarantee airdrops, but consistent engagement with decentralized applications and networks through MetaMask may improve your eligibility.

      Cash out your crypto to fiat using MetaMask

      MetaMask now offers a built-in “Sell” feature that allows users to convert supported cryptocurrencies into fiat currencies and withdraw funds directly to a bank account or PayPal. This feature is available through integrated off-ramp providers such as MoonPay and Transak.

      To cash out using MetaMask:

      • Open MetaMask Portfolio at portfolio.metamask.io or use the MetaMask mobile app.
      • Select the “Sell” option from the menu.
      • If it is your first time, choose your region and confirm that the service is supported in your location. The feature is currently available in the United States, United Kingdom, and parts of Europe.
      • Choose the token you want to sell, such as ETH or supported stablecoins.
      • Enter the amount to sell and select a quote from the available providers.
      • You will be redirected to the provider’s website to complete identity verification and link your bank or PayPal account.
      • Return to MetaMask Portfolio and confirm the transaction.
      • Track the progress in the “Sell” tab. Fiat withdrawals may take a few business days to complete.

      Points to note:

      • Only supported tokens with sufficient liquidity can be sold. Airdropped or obscure tokens may not be eligible.
      • MetaMask does not store personal banking information; all fiat processing is handled by third-party providers.
      • If your region is not supported, you can transfer your crypto to a centralized exchange like Binance or Coinbase to cash out.

      MetaMask tips, tricks, and hacks for ADVANCED users

      Congratulations on setting up your account! Now you are ready for ADVANCED tips and tricks such as:

      1. How to reduce transaction fees;
      2. how to cancel incorrect transactions;
      3. how to use your Ledger cryptocurrency hardware wallet with MetaMask;
      4. how to save your frequently used contacts (addresses) to MetaMask;
      5. how to speed up stuck transactions….and more!

      Check out our video which will walk you through the process step by step:

      Advanced MetaMask tips and tricks you MUST know

      Frequently Asked Questions (FAQs)

      Is MetaMask suitable for beginners?

      Yes. It’s simple to use and ideal for newcomers.

      Is MetaMask secure?

      Yes, if you protect your Secret Recovery Phrase and avoid phishing sites.

      Can I use MetaMask on multiple devices?

      Yes. Import your wallet using your recovery phrase.

      Do I need crypto to use MetaMask?

      No, but having tokens unlocks full features.

      How do I add crypto?

      Buy via fiat on-ramps or receive from another wallet.

      How do I send crypto?

      Click “Send,” enter the address, choose the token, and confirm.

      How do I cash out to fiat?

      Use the “Sell” feature to withdraw to bank or PayPal in supported regions.

      What scams should I watch for?

      Fake sites and messages asking for your recovery phrase.

      Should I use a hardware wallet?

      Yes, for large or long-term holdings. For hardware wallet recommendations, check out our review for the Ledger Nano X and the Trezor Safe 5

      How do I fix or cancel a transaction?

      Use “Speed Up” or “Cancel” options in MetaMask.

      Is MetaMask available on mobile?

      Yes. Download from the App Store or Google Play.

      How do I connect to a website?

      Click “Connect Wallet” and approve the prompt in MetaMask.

      Disclaimer: Cryptocurrency trading involves significant risks and may result in the loss of your capital. You should carefully consider whether trading cryptocurrencies is right for you in light of your financial condition and ability to bear financial risks. Cryptocurrency prices are highly volatile and can fluctuate widely in a short period of time. As such, trading cryptocurrencies may not be suitable for everyone. Additionally, storing cryptocurrencies on a centralized exchange carries inherent risks, including the potential for loss due to hacking, exchange collapse, or other security breaches. We strongly advise that you seek independent professional advice before engaging in any cryptocurrency trading activities and carefully consider the security measures in place when choosing or storing your cryptocurrencies on a cryptocurrency exchange.

    1. Crypto Airdrops Tier List 2023: Discover Rare, Thrilling, and High-Yield Gems to Skyrocket Your Earnings!

      Crypto Airdrops Tier List 2023: Discover Rare, Thrilling, and High-Yield Gems to Skyrocket Your Earnings!

      Welcome to the most comprehensive and up-to-date Crypto Airdrops Tier List for 2023! As the world of cryptocurrencies continues to evolve at a rapid pace, airdrops have become a go-to strategy for both new and established projects to gain traction and reward their communities. In this insightful guide, we’ve meticulously ranked the top airdrops of the year based on their potential rewards, project credibility, and overall excitement. Get ready to uncover hidden gems, maximize your earnings, and be a part of the most lucrative crypto airdrops of 2023!

      Crypto Airdrops Tier List 2023

      Crypto Airdrops Tier List 2023

      We have compiled the top trending airdrops this year into a tier list based on four criteria:

      • Project Credibility — Is the project backed by reputable investors or partnered with well-established, legitimate projects? Is there any public information available about the project team, and do they have prior experience in the blockchain industry?
      • Security — Is it safe to connect my MetaMask or other crypto wallets to the project’s website? Has the project been audited by a third-party security firm?
      • Cost — Does participating in the airdrop require any form of spending or investment, or is it entirely free?
      • Effort — How much time and effort do I need to invest in completing the tasks that qualify me for the airdrop? Are these tasks simple or challenging? Does it require me to be a developer, validator, or just a regular user?

      S Tier Airdrops

      zkSync

      • Project Credibility — zkSync is developed by Matter Labs, a well-known engineering team based in Europe. They have raised $458 million in financing across all rounds, backed by the likes of the Ethereum Foundation.
      • Security — The project has been audited by several top smart contract security firms including OpenZeppelin, Halborn, and Code4rena.
      • Cost — You will need to bridge ETH to the zkSync Era Mainnet via ZigZag Exchange or Orbiter Finance. Swap stablecoin pairs to minimize cost risk. You can also interact with the zkSync Era Testnet using free testnet tokens.
      • Effort — The steps are easy to follow, but it’s recommended to perform them frequently and consistently to be included in the snapshot. Actions involve bridging your funds, swapping and trading tokens, or providing liquidity. The higher the aggregate value, the more $ZKS tokens you can potentially earn.

      Grading Insight: zkSync is the most anticipated airdrop after Arbitrum. Over the past week, crypto users have bridged over $8 million in funds to the network in hopes of qualifying for the airdrop. Moreover, protocols on zkSync will also conduct their own retroactive airdrop, allowing you to earn additional rewards.

      Sui

      • Project Credibility — Sui is developed by Mysten Labs, comprising former Meta (formerly Facebook) executives and engineers. The company has raised $300 million, resulting in a valuation of over $2 billion, with backing from major investors like Coinbase and Binance.
      • Security — Sui’s security architecture is secured by Move, a Rust-based programming language independently developed by Meta. The smart contract code for Sui is publicly available for review and auditing.
      • Cost — Similar to Aptos, you can interact with protocols on Sui with free devnet tokens.
      • Effort — Building protocols on Sui requires coding experience. As a regular user, you can perform simple tasks like staking devnet tokens or minting NFTs until the mainnet launch in Q2.

      Grading Insight: Aptos, also an L1 built by former Meta developers, conducted one of the largest airdrops last year. It is very likely Sui will also follow suit.

      A Tier Airdrops

      StarkNet

      • Project Credibility — StarkNet is developed by StarkWare Industries, an Israeli software company that specializes in cryptography. They have raised $100 million that puts the company’s estimated value at $8 billion. They are partners with some of the biggest names in crypto including ConsenSys and Chainlink.
      • Security — StarkNet is audited by numerous leading security firms like Consensys Diligence and OpenZeppelin.
      • Cost — You will need to bridge ETH to the Starknet Alpha Mainnet via StarkGate. Swap stablecoin pairs to minimize cost risk.
      • Effort — Argent X wallet is required. Bridge and swap assets frequently and consistently to be included in the snapshot. The higher the aggregate value, the more tokens you can potentially earn.

      Grading Insight: StarkNet is one of the highest valued L2 project in the crypto market. More than half of its total token supply will be allocated to community incentives and ecosystem funds.

      Shardeum

      • Project Credibility — Shardeum is co-founded by Nischal Shetty and Omar Syed. Shetty is the founder and CEO of WazirX and Syed is a blockchain architect who previously worked for NASA and Shardus. The project has raised $18.2 million, backed by Jane Street and The Spartan Group.
      • Security — Shardeum ensures security through dynamic state sharding, which makes it challenging to attack due to the random assignment of nodes to shards in the network.
      • Cost — You can interact with the Shardeum betanet with free testnet tokens.
      • Effort — Mint NFTs or swap assets frequently on different Shardeum protocols.

      Grading Insight: Shardeum is developing an innovative sharding technology, and has a very large user base. They confirmed airdropping 25.4 million $SHM tokens to ecosystem users.

      Scroll

      • Project Credibility — Scroll is a globally distributed team filled with experts in zero-knowledge cryptography and distributed systems on blockchain technology. Backed by Polychain Capital, the project has raised a total of $83 million in funding rounds, bringing its valuation to $1.8 billion.
      • Security — Scroll is a hierarchical zero-knowledge proof system, inheriting security from the Ethereum mainnet. The smart contract code for Scroll is publicly available for review and auditing.
      • Cost — Scroll is currently in its Alpha Testnet phase, which means you can use free testnet tokens to interact with the protocol.
      • Effort — Bridge testnet tokens between Goerli Testnet (L1) and Scroll Alpha Testnet (L2) frequently.

      Grading Insight: Scroll is another highly popular Ethereum L2 scaling solution. The team has confirmed creating an incentive mechanism to encourage participation in the network. Start using the testnet now for free!

      MetaMask

      • Project Credibility — MetaMask is the most used Ethereum wallet in the world.
      • Security — All user wallets are secured with client-side encryption. With proper user practice, MetaMask is a reliable and secure option for managing and interacting with Ethereum-based cryptocurrencies and decentralized applications. Their recent audit was conducted in March 2023.
      • Cost — You will need ERC-20 tokens. You can also buy ETH directly on MetaMask using credit cards, Apple Pay or bank transfers.
      • Effort — Bridge and swap ERC-20 tokens regularly with the built-in features in MetaMask.

      Grading Insight: MetaMask is one of the foundations of the Web3 world, which is why its token can be very valuable.

      B Tier Airdrops

      LayerZero

      • Project Credibility — LayerZero Labs is founded by a team of computer scientists from the University of New Hampshire. The project has raised $135 million from the likes of Coinbase and PayPal. LayerZero has a large ecosystem of DeFi protocols including Uniswap and Stargate Finance.
      • Security — LayerZero has commissioned over 35 audits with the most recent audits on Github.
      • Cost — You will need real funds to interact with the protocols on LayerZero. But you can also bridge Goerli testnet USDC between EVM chains using the USDC LayerZero Bridge.
      • Effort — Make small transactions, deposit funds, provide liquidity, swap assets as frequently as you can.

      Grading Insight: LayerZero has a large user base, and is backed by PayPal. It has the potential to be a core infrastructure of Web3 interoperability, which is why its token can be valuable in the future.

      ZetaChain

      • Project Credibility — ZetaChain is built by former Coinbase and Basic Attention Token (BAT) developers. It is backed by Coinbase, Binance, Polygon, and more.
      • Security — ZetaChain employs a novel omnichain approach to mitigate the risks of asset fragmentation and reduce the chances of 51% attacks. The project has been audited by PeckShield, Veridise, and QuantumBrief, and offers a bug bounty of up to $100,000.
      • Cost — The incentivized testnet currently involves testnet tokens.
      • Effort — Request ZETA tokens and swap assets between different chains frequently.

      Grading Insight: ZetaChain is featured on CoinGecko’s list of top airdrops to look out for in 2023. Its points-based system makes it easy for users to track their contribution to the network.

      Mantle Network

      • Project Credibility — Mantle Network is incubated by BitDAO, one of the largest DAOs and partner of Bybit.
      • Security — Its architecture adopts a modular approach to create a seperate, decetralized data availability layer in collaboration with EigenLayer. Smart contract code is regularly audited by the BitDAO community.
      • Cost — The incentivized testnet currently involves testnet tokens.
      • Effort — Bridge Goerli ETH to Mantle Testnet frequently. You can also complete Mantle Quests on Crew3 and Guild for a Discord role.

      Grading Insight: Developed by BitDAO, Mantle is a fully community-driven project. As such, value to the project is rewarded back to loyal supporters and users.

      Polyhedra Network

      • Project Credibility — Polyhedra Network is built by leading engineers, developers, and researchers from UC Berkeley, Tsinghua University, and Stanford University. The project recently raised $10 million in funding, backed by Binance, Animoca Brands, and Polychain Capital.
      • Security — Its infrastructure uses zero-knowledge proof (ZKP) to provide privacy extensions for Web3 with stealth address models.
      • Cost — Only testnet tokens are needed to cover gas fees.
      • Effort — Use Polyhedra CreatorTool to mint your own NFT and bridge them to other testnet blockchains. Repeat the process on different chains to enhance visibility of your on-chain activities.

      Grading Insight: Polyhedra just recently launched its testnet, which means early users are in a good position for a potential airdrop.

      C Tier Airdrops

      Fuel Network

      • Project Credibility — Fuel Network raised $80 million in funding, backed by Blockchain Capital and Stratos Technologies.
      • Security — The system is based on a fraud- or validity-provable computation system that leverages a modular blockchain for data accessibility.
      • Cost — Their Beta-2 Testnet is live. No real funds are used.
      • Effort — Fuel Wallet is required. Swap and trade tokens on SwaySwap frequently. You can also interact with other ecosystem DApps.

      Grading Insight: Fuel has not confirmed a token launch yet. But it is likely it needs a token to support its ecosystem and facilitate the functioning of the platform.

      Celestia

      • Project Credibility — Co-founder of Fuel Network, John Adler, also co-founded Celestia. The project has raised $55 million in funding, backed by Coinbase and Polychain Capital. Its total valuation is over $1 billion.
      • Security — Modular architecture is similar to Fuel Network. Celestia offers shared security to blockchains deployed on it by providing consensus and data availability inherited by all utilizing chains.
      • Cost — Its incentivized testnets require a node with decent internet connection. You will need to set up a development environment to run the Celestia node.
      • Effort — This is more suitable for developers or validators rather than users.

      Grading Insight: Limited access to general users.

      D Tier Airdrops

      Blur

      • Project Credibility — Blur is the fastest growing NFT marketplace on Ethereum, backed by Paradigm. Many Bored Ape holders and NFT whales have moved from OpenSea to Blur.
      • Security — Blur is audited by Code4rena and Dedaub. It uses multi-signature contracts for token transfers. However, Blur has a smart contract risk in its execution module, which only checks if the caller can transfer tokens. Contract owners may add addresses as callers for token transfers, so users must trust Blur before trading NFTs on it.
      • Cost — You will need ETH to bid or list on Blur. The more the better.
      • Effort — The difficulty for the Season 2 airdrop may increase due to heightened competition.

      Grading Insight: Since Blur tends to favor NFT and ETH whales, it might not be the most suitable choice for those looking for cost-free airdrops.

      Key Takeaway

      It is important to note that lower tier rankings does not mean that the airdrop is not good. It is simply because they are not as accessible as the higher tiered ones to everyday users. All of these crypto airdrops are the most trending this year, offering high value to early users.

    2. MetaMask Security Guide: Protect Yourself from “Address Poisoning” Scams

      MetaMask Security Guide: Protect Yourself from “Address Poisoning” Scams

      Wallet Address Poisoning Scam: What You Need to Know

      MetaMask warned crypto users of a new scam that is running rampant called “address poisoning”. This scam involves malicious actors copying and pasting wallet addresses in order to steal funds from unsuspecting users. In this article, we will discuss how address poisoning works and what users can do to protect themselves. Also, check out Gemmy’s video for more information on how to secure your MetaMask contacts! (https://prodavinci.com)

      How Does Wallet Address Poisoning Work?

      Address poisoning is a scam that exploits copy-and-paste tendency of most crypto wallet users. Since wallet accounts have cryptographically-generated address with long hexadecimal numbers, users tend to only remember the first and last few characters of their address. As a result, users rely on copying and pasting their addresses to save time. MetaMask addressed this in their blog post, and here’s how it essentially works:

      Attackers usually has softwares that monitor token transfers. If they pick up on your address, they can use vanity address generators to create an address that looks very similar to yours. The attacker then sends you worthless tokens to “poison” your transaction history. If you are not careful, you might copy and paste their address from your transaction history, sending funds to the attacker’s address.

      This method is rather amateurish, compared to other scam types, blockchain attacks, or smart contract exploits. While this would not give the attacker access to user wallets, it relies on user carelessness and haste — something that is common in Web3 when users want to send funds quickly to capitalize on DeFi opportunities.

      The Increasing Cases of Wallet Address Poisoning

      According to an article jointly published by crypto analysts X-explore and Wu Blockchain on 2nd December 2022, over 340,000 addresses have been poisoned on-chain, resulting in $1.64 million stolen from unsuspecting victims. The cases began spiking at the end of November, and is still a prevalent issue now.

      The article suggested that MetaMask should improve its UI features to prevent such attacks from happening, such as letting users identify trusted wallet addresses in transaction history using color markers or other prompts.

      How to Protect Yourself from Address Poisoning

      Metamask recommends users to always double-check the address before sending funds, making sure every single character is correct. As the attacks are still ongoing, users are also advised to avoid copying addresses from transaction histories and block explorers. Users can also add trusted wallet addresses in Settings > Contacts.

      More importantly, it is much safer to use hardware wallets when transferring funds, as users are required to check and confirm any address they are sending funds to before the transaction is authorized. If you are interested in getting a hardware wallet, feel free to check these out:

      Click here to purchase a Ledger wallet!

      buy now

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    3. MetaMask Integrates PayPal Payment in the U.S. for Easier ETH Purchases

      MetaMask Integrates PayPal Payment in the U.S. for Easier ETH Purchases

      MetaMask Enables U.S. Users to Purchase ETH via PayPal

      MetaMask developer ConsenSys has announced the integration of a PayPal payment option to its software wallet. Users will be able to buy and transfer Ethereum (ETH) by logging into the mobile MetaMask app, tapping on the “Buy” button, and selecting “PayPal.” This will redirect users to PayPal, where they can complete their transaction OR send ETH from their PayPal account to their MetaMask wallet.

      This feature will be rolled out to all U.S. users first in the coming weeks, as they are one of MetaMask’s largest markets in terms of users. For MetaMask’s desktop browser extension, MetaMask Product Manager Lorenzo Santos told Decrypt via email that it will be available in the next quarter.

      As of now, it is unclear whether the feature will be deployed in other countries or if other cryptos will also be available for purchase. Since ConsenSys is run by Ethereum co-founder Joe Lubin and MetaMask is an EVM-only wallet, it makes sense that ETH purchases are focused first.

      Unlocking the Web3 Ecosystem with MetaMask and PayPal

      As one of the top crypto wallet providers, MetaMask is often a starting point for users interacting with DeFi applications, GameFi, and metaverse platforms. And because PayPal is one of the largest online payment systems with 432 million active accounts worldwide, adding PayPal to MetaMask could broaden the customer base, making it easier for newcomers to enter the Web3 ecosystem.

      Santos stated in the press release, “this integration with PayPal will allow our U.S. users to not just buy crypto seamlessly through MetaMask, but also to easily explore the Web3 ecosystem.” 

      Traditional Payment Companies Expanding to Web3

      Over the past year, more and more traditional payment companies have been integrating crypto into their services. In fact, PayPal first began offering customers the ability to buy, sell, and hold crypto on its platform in 2020, and allowed customers to checkout with Bitcoin, Litecoin, Ethereum, and Bitcoin Cash in 2021. In June 2022, PayPal also enables customers to transfer crypto from PayPal to other wallets or exchanges. And now with the new integration into MetaMask, we can expect PayPal to release more new features gradually.

      Other traditional payment companies have also followed suit. Cash App, the number one finance app in the App Store, has also added support for transactions via the Bitcoin Lightning Network, the layer-2 protocol for Bitcoin’s blockchain. Stripe, an Irish-American financial services company, has also launched its own tool to help Web3 companies, allowing their customers to buy crypto with fiat.

      Other global financial services have also hinted at the possibility of dabbling into crypto. In October, Western Union filed trademark applications for managing wallets, exchanging digital assets and commodities derivatives, issuing tokens of value, and brokerage and insurance service, according to trademark attorney Mike Kondoudis.